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Business, Economy

“Fast food workers are losing their jobs in California as new minimum wage law takes effect”

“Fast food workers are losing their jobs in California as more restaurant chains prepare to meet a new $20 minimum wage set to go into effect next week. Restaurants making cuts are mostly pizzerias, according to a report published by The Wall… Continue Reading…

Economy

“Almost half of voters say student loan forgiveness is a key issue in 2024 election, survey finds”

“Almost half of all voters, or 48%, say canceling student loan debt is an important issue to them in the 2024 presidential and congressional elections, a new survey finds. Among younger people, 70% of Gen Z respondents said the action… Continue Reading…

Economy

[China] “CCP Runs Out of Money, Starts Rampant Looting; 400 Six-Year-Olds Investigated as Underworld Figures”

Click here to watch video: China seems to be in the middle of a economic collapse. All hell is breaking lose over there.

Economy, Personal Finance

“Millions of seniors behind on student loans risk losing Social Security…”

“…Why it matters: Seniors are one of the highest risk categories with reports showing nearly 40% of borrowers aged 65 or older in default. Federal programs that claw those funds back mean seniors lose as much as $2,500 in Social Security benefits annually… Catch… Continue Reading…

Economy

“Republicans Call for Retirement Age Hike in Clash With Biden”

“…The largest caucus of House Republicans called for an increase in the Social Security retirement age Wednesday, setting up a clash with President Joe Biden over spending on popular entitlement programs. The Republican Study Committee, which comprises about 80% of… Continue Reading…

Precious Metals

“Gold Retreats After Topping $2,200 an Ounce for the First Time”

“…The precious metal rose as much as 1.6% to a record $2,220.89 in early trading before erasing gains to drop as much as 0.9%. Gold has rallied nearly 10% since mid-February as the outlook for looser US monetary policy triggered… Continue Reading…

Real Estate

[Real Estate: Dollar Tree] …Is Closing 1,000 Locations. Should Investors Be Worried?”

“One of the most lucrative sources of dividend income is real estate investment trusts (REIT). Realty Income (NYSE: O) is a retail REIT that leases space to brick-and-mortar stores… Dollar Tree is Realty Income’s third-largest tenant, and the cost-conscious retailer announced last week that… Continue Reading…

Stocks

“Temu-Owner PDD Holdings Easily Beats Q4 Estimates As Revenue Doubles”

“…For the three months ending Dec. 31, PDD Holdings said it earned an adjusted 15.83 Chinese yuan ($2.23) per share on sales of 88.88 billion yuan ($12.52 billion). On average, analysts were expecting PDD to post earnings of $1.57 per… Continue Reading…

Precious Metals

“Daily Spotlight: Gold Prices Near Peak”

“When global economic conditions become unpredictable, investors often flock to gold. The yellow metal is trading above $2,100 per ounce. During the first phase of the pandemic, the spot price for an ounce of gold jumped 33% in six months… Continue Reading…

Stocks

“Chipotle Announces 50-for-1 Stock Split. Here’s What Investors Need to Know.”

“…Over the past year, Chipotle stock has gained an impressive 74%, but that’s just the beginning. For those lucky enough to get in on its IPO in early 2006, the stock has soared from $22 to roughly $2,798, a mind-boggling… Continue Reading…